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Kevin James lists Palm Beach manse for $19.95M
Interior of Kevin James’ Delray Beach home and Kevin James himself Actor Kevin James has listed his mansion in Delray Beach in Palm Beach County less than a year after buying it, Radar Online reported....
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Downtown Miami the star of city’s recovery
The cranes over Biscayne Bay auger well for South Florida’s real estate market, according to the Miami Downtown Development Authority. “Downtown Miami’s condo boom has been a catalyst for the entire...
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Pharrell Williams’ home gets 35 percent price chop
Pharrell Williams and Bristol Tower penthouse Music producer Pharrell Williams has chopped the asking price for his Bristol Tower penthouse home by 35 percent, Curbed reported. The condominium unit at...
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Plan to convert Deerfield Beach golf course into industry park advances amid...
Deerfield Beach golf course Butters Development and Construction has plans to transform Deerfield Beach Country Club into an industrial area, the Sun Sentinel reported. The issue has divided the...
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Today’s priciest listing: $5.75M
W South Beach Residences Today’s priciest new listing is a two-bedroom, three-bathroom condominium at W South Beach Residences asking $5.75 million. The 1,906-square-feet home is located at 2201...
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Top stories
Top stories yesterday on The Real Deal: 1. Brazil’s turmoil boosts Miami’s real estate 2. Will Miami become an “American Atlantis?” 3. Shore Club hotel owner redeems $164M foreclosure
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Would-be Royal Palm developer pleads guilty to bank fraud in Georgia
Georgia’s failed Integrity Bank A player in South Florida’s last real estate boom pleaded guilty this week to conspiring to commit bank fraud in Georgia, the Miami Herald reported. Guy Mitchell, the...
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The Vue at Brickell undergoing renovations
The Vue at Brickell The Vue at Brickell is undergoing a much-needed face lift after foreclosures and short sales nearly toppled the building during the last real estate cycle, Miami Condo Investments...
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Crimson developer sees green in Miami’s future
Fernando Levy Hara Demand from Miami’s burgeoning, young population for rentals and condos suggests that the region is at the beginning of an extended boom, Fernando Levy Hara, a principal of the...
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The Closing: Tibor Hollo
Tibor Hollo Tibor Hollo is chairman and president of Florida East Coast Realty. The developer of Brickell’s first high-rise tower, Rivergate Plaza, Hollo is currently evaluating plans for Villa Magna,...
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Coconut Grove prices restored to pre-crisis levels
The Grove at Grand Bay The prices of condos and single-family homes in Coconut Grove have returned to pre-crash values, and in at least one case, are soaring to historic highs, Miami Today reported. At...
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Mortgage rates’ ups, downs spur market uncertainty
From the New York site: Volatile mortgage rates are holding back both homeowners looking to refinance and prospective buyers, new data from the Mortgage Bankers Association show. The average rate on...
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Today’s priciest listing: $12M
Condo living room at St. Regis in Bal Harbour Today’s priciest new listing is a three-bedroom, 3.5-bathroom condominium at St. Regis asking $12 million. The 3,153-square-foot home is located at 9703...
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Happy Fourth of July!
Happy Fourth of July In honor of the Fourth of July weekend, we won’t be posting on Thursday or Friday (but we’ll keep our eyes peeled for breaking news). Have a safe, enjoyable holiday — and don’t...
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Burkle’s Yucaipa sues Morgans over halted $200M Delano sale
Delano Hotel Morgans Hotel Group’s largest shareholder is suing the company for allegedly reneging on a deal struck in March to sell it the Delano Hotel in South Beach. The Yucaipa American Alliance...
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Top stories
Top stories over the weekend on The Real Deal: 1. Brazil’s turmoil boosts Miami’s real estate 2. Crimson developer sees green in Miami’s future 3. The Closing: Tibor Hollo
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A new vision for a battered arabesque city
Opa-locka’s city hall An inner-city Miami-Dade enclave plagued with one of the nation’s highest crime rates could be the latest beneficiary of Miami’s growing fame as an art destination, the Miami...
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Apogee’s $12.4M sale sets Miami-Dade record for non-oceanfront unit, broker says
The view from a unit at Apogee A $12.4 million sale at Apogee Miami Beach has set a record for a standard, non-oceanfront unit in Miami-Dade County, the seller’s broker, Carlo Gambino, told The Real...
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Foreclosure activity declines in second quarter, according to Condo Vultures
Foreclosures are finally coming off their high, inching down 9 percent in the second quarter compared to the same period in 2012, according to Miami-based consultancy Condo Vultures. Some 11,500...
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Downtown Whole Foods developer gets $45M loan
Rendering of Met3 tower Ocean Bank has made a nearly $45 million loan for a Whole Foods planned for the Met3 tower in downtown Miami, the Daily Business Review reported. The borrower, Miami-based...
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